Texas oil and gas operators are facing a significant regulatory shift with Senate Bill 1150, which fundamentally changes how the state manages its vast inventory of inactive wells. As the energy industry continues to thrive—with Texas now producing nearly 6 million barrels of oil per day and accounting for over 42% of the nation's crude oil—a growing challenge has emerged: the state has accumulated approximately 120,000 inactive wells that are not producing but remain under operator bonds and responsibility. Senate Bill 1150 addresses this issue by requiring operators to either plug or return to service all wells that have been inactive for 15 years and were completed 25 or more years ago within a 15-year compliance window beginning September 1, 2027. With an estimated $2 billion in plugging costs looming and rising service expenses, this legislation represents one of the most significant regulatory challenges facing independent and large oil and gas operators in Texas, requiring careful planning, financial stewardship, and industry advocacy to ensure the rules are implementable and don't inadvertently harm the state's energy production capabilities.Connect with Karr Ingham on LinkedIn: https://www.linkedin.com/in/karr-ingham-9b62333a/The Texas Alliance of Energy Producers: https://www.texasalliance.org/1. Senate Bill 1150 & Inactive Well RegulationsThe central focus of the episode is Senate Bill 1150, which addresses the plugging of long-inactive oil wells in Texas. The bill targets wells that have been inactive for 15+ years and were completed 25+ years ago (referred to as "1525 wells"). The legislation aims to accelerate the timeline for either plugging these wells or returning them to service.2. Timeline & ImplementationThe bill came into effect September 1, 2025New rules are set to take effect September 1, 2027The Railroad Commission will adopt the final rule by December 31, 2026Operators will have a 15-year compliance period (through 2042) to deal with their inactive well inventory3. Financial Impact & CostsEstimated $2 billion in plugging work needed across Texas operatorsRising plugging costs due to increased demand for plugging servicesMoney spent on plugging diverts resources from drilling, development, and production activitiesPotential impact on energy prices for consumers4. Key Regulatory CriteriaThe Railroad Commission is evaluating operators based on:Track record of returning wells to serviceFinancial stewardship and ability to payFinancial hardship provisions for extensionsCompliance plans for managing the 15-year timeline5. Challenges & ConcernsNon-transferable compliance timeline: If an operator sells leases before completing plugging, the new owner gets only the remaining timeRolling inventory: New wells age into the 1525 category during the compliance period, adding to the workloadInsufficient evaluation time for operators acquiring well packagesBond requirements and full-cost calculations for plugging6. Industry Context & Production GrowthTexas oil production has grown from ~1 million barrels/day to ~6 million barrels/day over 15 yearsTexas now produces 42-43% of U.S. crude oilThe rise in inactive wells correlates with increased drilling activity during the energy renaissanceOrphan/abandoned wells (~10,000-12,000) are relatively small compared to inactive wells (~120,000)7. Advocacy & Operator InputThe Texas Alliance of Energy Producers played a crucial role in:Extending the initial 10-year compliance period to 15 yearsPushing back the implementation date from September 1, 2025 to September 1, 2027Advocating for financial hardship provisionsEncouraging operator feedback during the public comment period (ending November 13)8. Economic & Market ImplicationsReduced capital available for new development and productionPotential for new plugging service companies to emergeImpact on property taxes and severance taxes from future productionBroader implications for energy affordability and supplySubscribe to The Crude Truth for more conversations about energy, business, technology, and the future of Texas. https://pecoscrudetruth.substack.com/For More information on Tax-Advantaged Investments: https://pecos.energy/info/Check out LFS Chemistry, sponsor of the Crude Truth, here: https://lfschemistry.com/Air Compressor Solutions https://acsir.com/Follow Rey on his LinkedIn: https://www.linkedin.com/in/reytrevinoiii/Also, Pecos Operating Website:https://pecos.energy/

As global conflicts disrupt shipping lanes and drive up transportation costs, what does the future hold for America’s maritime industry and energy security?On this episode of The Crude Truth, Rey Trevino welcomes maritime expert Dr. Beatriz Canamary to discuss the growing connection between oil and gas, global shipping, and national security. Together, they explore how geopolitical tensions surrounding the Strait of Hormuz and the war in Ukraine are impacting shipping costs, insurance rates, and global supply chains.Dr. Beatriz Canamary shares her insights on rebuilding America’s commercial shipbuilding industry, the importance of U.S.-flagged vessels, and how Texas can help lead the way. They also discuss autonomous ships, nuclear-powered maritime technology, port modernization, and the role of the American Maritime Industrial Coalition (AMIC) in advancing the industry’s future.Connect with Dr. Canamary on her LinkedIn: https://www.linkedin.com/in/beatrizcanamary/In this episode, we discuss:Why global conflicts are driving up shipping and insurance costsHow America lost its commercial shipbuilding dominanceWhy domestic shipbuilding and U.S.-flagged vessels matter for national securityHow oil and gas cargo can help revitalize American shippingThe future of autonomous ships, nuclear energy, and physical AI in maritime operationsWhy Texas is positioned to play a major role in America’s maritime resurgenceShipping Insight and the industry’s plans for 2027Rebuilding America’s maritime capabilities will require investment, innovation, workforce development, and collaboration across industries. If you’re interested in the future of energy, global trade, and American industrial strength, this is an episode you won’t want to miss.Subscribe to The Crude Truth for more conversations about energy, business, technology, and the future of Texas. https://pecoscrudetruth.substack.com/For More information on Tax-Advantaged Investments: https://pecos.energy/info/Check out LFS Chemistry, sponsor of the Crude Truth, here: https://lfschemistry.com/Air Compressor Solutions https://acsir.com/Follow Rey on his LinkedIn: https://www.linkedin.com/in/reytrevinoiii/Also, Pecos Operating Website:https://pecos.energy/

Big data is transforming the way businesses operate—and Texas is quickly becoming a major hub for data centers, AI, and the infrastructure needed to power them.In this episode of The Crude Truth, we sit down with Jay Lewis, Founder and CEO of Big Data, to break down what “big data” really means and why clean, reliable, and secure data is becoming one of the most valuable resources in the modern economy.Jay Lewis explains how businesses can turn data from a cost of doing business into an asset, why “garbage in, garbage out” matters, and how automation can reduce the manual work involved in gathering, cleaning, and reconciling data. We also explore the growing demand for data centers, power generation, cybersecurity, and the infrastructure needed to support the rapid expansion of AI.From oil and gas to electricity, smart technology, and business analytics, this conversation looks at how data is changing traditional industries—and why Texas is positioned to lead the way.Connect with Jay Lewis on LinkedIn here: https://www.linkedin.com/in/james-lewis-138242162/Check out BigData.com's site here: https://bigdata.com/Topics discussed:What big data actually meansThe rapid growth of data centers and AI in TexasData quality, security, and “garbage in, garbage out”Automation and reducing manual data workThe importance of data in oil and gasSmart meters and the explosion of dataData reconciliation and reducing costly mistakesPublic vs. private data infrastructureWhy information may be America’s most valuable resourceThe future of AI, data, and TexasThank you to our sponsors: LFS Chemistry, NAPE Expo, Air Compressor Solutions, Sandstone Group, Exec Crew, Texas Star Alliance, Pecos Country Operating, and Real News Communications Network.Subscribe to The Crude Truth for more conversations about energy, business, technology, and the future of Texas. https://pecoscrudetruth.substack.com/For More information on Tax-Advantaged Investments: https://pecos.energy/info/Check out LFS Chemistry, sponsor of the Crude Truth, here: https://lfschemistry.com/Air Compressor Solutions https://acsir.com/Follow Rey on his LinkedIn: https://www.linkedin.com/in/reytrevinoiii/Also, Pecos Operating Website:https://pecos.energy/

Why are energy costs continuing to rise, and how much of it comes down to infrastructure?On this episode of The Crude Truth, Rey sits down with David Holt, President of the Consumer Energy Alliance, to break down the forces affecting energy prices across the United States.They discuss America’s position as a major global energy producer, the impact of infrastructure on electricity and natural gas prices, and the challenges facing the nation as energy demand grows. David explains why transmission lines, pipelines, refining capacity, natural gas, nuclear power, and other energy resources all play a role in keeping energy reliable and affordable.The conversation also explores the growing energy demands from data centers, the future of the Texas power grid, refinery capacity, diesel prices, and the relationship between energy policy and consumers.From pipelines and refining to electricity bills and the future of American energy, this episode takes a closer look at the infrastructure behind the energy we use every day.Guest: David Holt, President of the Consumer Energy Alliance. Connect with David on his LinkedIn: https://www.linkedin.com/in/david-holt-a207946/Check out the Consumer Energy Alliance: https://consumerenergyalliance.org/For More information on Tax-Advantaged Investments: https://pecos.energy/info/Check out LFS Chemistry, sponsor of the Crude Truth, here: https://lfschemistry.com/Air Compressor Solutions https://acsir.com/Follow Rey on his LinkedIn: https://www.linkedin.com/in/reytrevinoiii/Also, Pecos Operating Website:https://pecos.energy/

Rural Texas is sitting on the biggest economic opportunity it has seen in a generation, and most people have not connected the dots yet. Data centers are coming to this state whether anyone plans for them or not. The only question left is whether small towns end up with the schools, the jobs, and the tax base, or whether someone else writes the rules first.Texas Railroad Commissioner Wayne Christian joins The Crude Truth to lay out the case. Data center expansion could push billions in private investment into parts of the state that have been waiting a long time for good news, with high paying jobs and real school funding attached. The hard parts get covered too. Electricity. Water. Farmland. Private property rights. Those questions are fair, and the communities absorbing this growth deserve straight answers on every one of them.The thread running through all of it is power. AI runs on electricity, and reliable electricity in Texas runs on natural gas. That is not a talking point, that is load math. ERCOT is already feeling this demand curve, and it is the independent producers, the ones working leases nobody else wants, who are going to carry it. Growing the economy and protecting the people who live here are not opposing goals. They just require a plan, and Texas does not have one yet.1. Rural America's Economic DeclineThe episode opens with the central concern that rural America is dying. Commissioner Wayne Christian uses specific examples like his hometown of Tinney Hall, Texas, where businesses have closed and families have had to leave to find work. The discussion emphasizes how rural communities have lost their economic foundations and how young people are forced to leave to find employment.2. Data Centers as Economic SolutionThe primary focus is whether data centers can revitalize rural Texas economies. Christian argues that billion-dollar data center facilities can bring permanent, well-paying jobs (50+ jobs per facility) and significantly increase school funding through property taxes. He cites the example of a $100 million lithium facility in Wauking, Texas, which would generate $1 million annually in school property tax for 700 students.3. The Governor's Data Center PauseTexas Governor Abbott implemented a pause on data center permitting and construction. Both hosts discuss whether this is a strategic pause to develop proper guidelines or a delay that could harm economic development. Christian supports the pause but emphasizes the need for a comprehensive "Texas plan" that addresses legitimate concerns while enabling development.4. Political Opposition to Data CentersChristian claims that opposition to data centers is being driven by socialist politicians (Bernie Sanders, AOC) and funded by George Soros, with a $100 million PR campaign. He argues this is part of a larger "Great Reset" agenda to weaken American energy independence and shift power away from Texas.5. Energy Security and ReliabilityA major theme is Texas's energy grid challenges. Christian criticizes the state's over-reliance on wind and solar, which proved unreliable during Winter Storm Uri. He argues that natural gas should be the primary energy source and criticizes the lack of new natural gas or coal-fired power plants despite increasing demand.6. Water Usage ConcernsWater is identified as a legitimate concern for data centers. However, Christian provides context: oil and gas uses less than 3% of Texas water, and data centers use only 4% nationally. He explains that data centers recycle water like swimming pools and proposes solutions using recycled oil field water and thermal water sources.7. Private Property Rights vs. Government RegulationChristian strongly opposes giving local governments power to restrict data centers, arguing this represents socialism and threatens rural property rights. He warns that allowing zoning restrictions for data centers could lead to restrictions on other rural industries like chicken farms and cattle ranches.8. Oil and Gas Industry ChallengesThe discussion includes how small independent oil and gas operators are disadvantaged compared to large international corporations. Christian notes that independents produce 60-70% of Texas oil and gas but lack legislative influence. He also criticizes preferential treatment given to wind and solar over traditional energy sources.9. Global Energy ResponsibilityChristian emphasizes that Texas and America have a moral obligation to provide energy to developing nations. He points out that one-third of the world relies on wood and animal manure for energy, and many lack basic electricity, clean water, and medicine.10. The Need for a Comprehensive Texas PlanBoth hosts stress the importance of developing balanced policies that address environmental and community concerns while enabling economic development and maintaining Texas's energy independence and leadership.Whether you work in the patch, live in one of these towns, or you are just trying to understand where this state is headed, this conversation is worth your time.And that is ????️ The Crude TruthCheck out LFS Chemistry Sponsor of the Crude Truth here: https://lfschemistry.com/Air Compressor Solutions https://acsir.com/Follow Rey on his LinkedIn: https://www.linkedin.com/in/reytrevinoiii/Also, Pecos Operating Website:https://pecos.energy/

In early 2026, the global oil market experienced a seismic shift. When geopolitical tensions with Iran escalated, crude prices surged—and Texas responded. In this episode, economist Karr Ingham, oil producer Rey Trevino, and energy journalist Stu Turley break down how a single conflict triggered a cascade of market changes: rig counts climbing for the first time in years, jobs returning to the industry, and a historic deal securing 65 billion barrels of Venezuelan oil. But here's the real story: how these moves reshape energy independence, refinery infrastructure, and consumer prices for the next decade.Check out the Texas Alliance of Energy Producers: https://www.texasalliance.orgConnect with Karr on his LinkedIn https://www.linkedin.com/in/karr-ingham-9b62333a/Connect with Rey on his LinkedIn https://www.linkedin.com/in/reytrevinoiii/1. Global Oil Market TransformationThe hosts discuss dramatic shifts in global oil supply and demand, particularly focusing on:China's changing import patterns (buying Russian oil at elevated prices, reduced purchases from Iran and Iraq)The impact of the Iran conflict on crude oil prices and market dynamicsRussia's refinery capacity reduction (down 40%) due to drone strikesGlobal diesel shortage and its economic implications2. Venezuela's Oil Resources & U.S. PolicyA significant focus on the recent U.S. deal securing 65 billion barrels of Venezuelan oil over 25 years:The removal of Maduro and its impact on oil production potentialSecretary Chris Wright's role in facilitating investment opportunities for Chevron, Exxon, and independentsPlans to increase Venezuelan production by 1 million barrels per dayThe strategic importance of liberating these resources for global markets3. Texas Oil & Gas Production TrendsDetailed analysis of Texas's response to market changes:Rig count recovery: from 229 rigs in December to 282 currently (41 rigs added year-over-year)Production increases despite declining rig counts (efficiency and productivity gains)Job creation returning to the industry after losses in 2024-2025The Permian Basin's continued dominance4. Crude Oil Quality & Refinery InfrastructureDiscussion of different crude types and refining capabilities:Light sweet crude (Texas) vs. heavy sour crude (Venezuelan, Canadian)Why the U.S. exports light sweet crude (refineries worldwide are better equipped to process it)Plans for a new refinery in Brownsville to process Texas sweet crude domesticallyThe importance of crude oil trade and energy independence5. U.S. Energy Independence ProgressReduction in crude oil imports from 60-65% twenty years ago to approximately 10% todayThe lifting of the crude oil export ban in 2015 as a critical milestoneCurrent import sources: primarily Canada (20%), minimal imports from the Strait of Hormuz (1.5-2%)California's hypocrisy in importing oil from Russia, Ecuador, and Iran while opposing domestic production6. Tariffs & Trade Policy DebateA nuanced discussion on tariffs and trade:Karr's anti-tariff stance vs. Stu's perspective on managed tariffsThe weaponization of the U.S. dollar through sanctionsCanada's importance as a reliable energy partnerThe need for balanced trade relationships7. Regulatory & Legislative ChallengesTexas Alliance of Energy Producers' ongoing work:Produced water management from increased oil and gas productionAssociated natural gas handling from Permian crude productionOrphan wells regulation and inactive well managementPreparation for the 2027 Texas legislative sessionFederal-level advocacy in Washington D.C.8. Renewable Energy AccountabilityA critical look at wind energy infrastructure:79,000 wind turbines in the U.S., with 40% approaching end-of-life in 3-5 years$89 billion liability for decommissioning and recycling with no funding mechanismContrast with oil and gas industry's established orphan well remediation processesThis episode presents a comprehensive view of how geopolitical events, policy changes, and market dynamics are reshaping the global and U.S. energy landscape, with particular emphasis on Texas's strategic role.Check out LFS Chemistry Sponsor of the Crude Truth here: https://lfschemistry.com/Air Compressor Solutions https://acsir.com/Follow Rey on his LinkedIn: https://www.linkedin.com/in/reytrevinoiii/Also, Pecos Operating Website: https://pecosoperating.com/

Texas produces nearly six million barrels of oil every day — but alongside it comes roughly 30 million barrels of produced water.So what happens to all that water?On this episode of The Crude Truth, Rey Treviño III welcomes back Texas Railroad Commissioner Jim Wright for an in-depth conversation about one of the biggest challenges facing the state’s oil and gas industry: produced water.Commissioner Wright explains how the shale revolution dramatically changed the way Texas handles produced water, why deep-well injection has contributed to seismic activity in parts of the Permian Basin, and how increasing underground pressure is creating new operational and economic challenges for producers.The conversation also explores a potential solution: treating produced water so it can be safely reused for irrigation, industrial applications, data centers, and potentially other water needs across drought-stricken areas of Texas.Jim also discusses the regulatory questions surrounding the Railroad Commission and TCEQ, the need for clearer authority between agencies, and why Texas must move quickly to develop practical, economically viable solutions.With growing demand for water, expanding energy production, and new industries like AI data centers coming to Texas, produced water may no longer be something the state can simply dispose of.It could become a resource.Watch the full episode to hear Commissioner Jim Wright explain what Texas is doing now — and why the decisions being made today could have a major impact on the future of the state’s energy industry, water supply, and economy.Check out the Substack Article: Check out LFS Chemistry Sponsor of the Crude Truth here: https://lfschemistry.com/Air Compressor Solutions https://acsir.com/Follow Rey on his LinkedIn: https://www.linkedin.com/in/reytrevinoiii/Also, Pecos Operating Website: https://pecosoperating.com/

Former Miss America and nuclear fuels engineer Grace Vanderhei returns to The Crude Truth to break down why nuclear energy is making a major comeback in the United States. From the restart of Three Mile Island Unit 1 — now the Crane Clean Energy Center — to the growing demand for clean, reliable power, Grace explains how nuclear energy can help fuel America’s future.Connect with Grace on her LinkedIn! https://www.linkedin.com/in/gracevanderhei/Rey Trevino and Grace discuss her work with Constellation, the energy density of nuclear fuel, the role of uranium, the future of small modular reactors, and why nuclear remains one of the most powerful tools for energy independence. They also dive into the importance of building new projects on time and on budget, the bipartisan support behind nuclear, and why staying curious is key to understanding the future of energy.1. Nuclear Energy as a Clean, Reliable Power SourceThe core theme throughout the episode is promoting nuclear energy as a viable, clean, and reliable alternative to fossil fuels. The host emphasizes that nuclear is becoming increasingly important in America's energy independence strategy, alongside oil and gas.2. Grace Vanderheide's Career in Nuclear EngineeringGrace discusses her role as a nuclear fuels engineer at Constellation Energy, the largest commercial nuclear reactor fleet operator in the US with 21 operating reactors. She explains her work designing nuclear fuel for operating plants and upcoming restart projects.3. Three Mile Island Unit 1 Restart (Crane Clean Energy Center)A significant portion focuses on the restart of Three Mile Island Unit 1, which was decommissioned in 2019. Grace elaborates on:The distinction between Unit 1 (safe, operated until 2019) and Unit 2 (the 1979 incident)The engineering challenges of designing a completely new fuel coreCommunity support and job creation benefitsThe political backing from the current administration4. Nuclear Fuel Design and Energy DensityGrace explains the technical aspects of nuclear fuel, including:The concept of "spicy uranium" (U-235 vs U-238)How one fuel pellet produces as much energy as 1 ton of coal, 17,000 cubic feet of natural gas, or 150 gallons of oilThe potential for increased enrichment levels (LEU+) to improve efficiency5. Recent Nuclear Developments in the USDiscussion of recent milestones:Vogel Units 3 & 4 in Georgia (first new reactors built from scratch in 30 years, powering ~4 million homes)Federal support and billions in loans for new nuclear projectsTrump administration's goal to triple US nuclear capacity6. Small Modular Reactors (SMRs)Grace provides a balanced perspective on SMRs:Acknowledges their potential but cautions against overpromisingEmphasizes the need for fully licensed designs before constructionAdvocates for building on time and on budget to maintain industry credibility7. International Nuclear AdvocacyGrace shares her experiences promoting nuclear energy internationally:Her tour in Australia, where nuclear is banned (only G7 nation with this restriction)The bipartisan support for nuclear in the US compared to other countriesHer work engaging with legislators and policymakers8. Grace's Personal Journey and Future PlansHer transition from Miss America 2023 to nuclear engineerPursuing an MBA in International Business to move into the fuel supply chain sectorWriting a book about optimism (launching early 2027)Her continued advocacy for nuclear energy through social media and public engagementThe podcast emphasizes nuclear energy's critical role in meeting growing energy demands while maintaining environmental sustainability and economic benefits.Check out LFS Chemistry Sponsor of the Crude Truth here: https://lfschemistry.com/Follow Rey on his LinkedIn: https://www.linkedin.com/in/reytrevinoiii/Also, Pecos Operating Website: https://pecosoperating.com/Also, the great Production team at Real News Public Relationshttps://www.realnewspr.com/

The Crude Truth: Navigating Legal Complexity in Modern EnergyIn an era where energy demands are skyrocketing and the industry is at a crossroads between traditional oil and gas production and emerging clean technologies, the legal landscape has never been more complex. From royalty disputes and investor protection to the explosive growth of data centers demanding unprecedented power consumption, oil and gas companies face multifaceted challenges that require more than just operational expertise—they demand strategic legal foresight. In this episode of The Crude Truth, host Ray sits down with Lauren Varnado, a first-chair oil and gas attorney at the elite boutique firm Brown Rudnick, to explore the critical legal issues reshaping the energy sector. With a national practice spanning from Texas to Appalachia, Varnado brings invaluable insights into how companies can protect their interests, mitigate litigation risks, and capitalize on opportunities at the intersection of traditional energy and innovation. Whether you're an investor evaluating your first oil and gas deal, an operator navigating regulatory compliance, or an entrepreneur exploring data center partnerships, this conversation reveals the legal strategies and industry trends that separate successful energy companies from those caught in costly disputes.1. Oil & Gas Legal Practice & ExpertiseLauren Varnado, a first-chair oil and gas attorney at Brown Rudnick, discusses her national practice covering upstream and midstream sectors across major oil and gas producing states. She emphasizes the importance of understanding both the legal and business aspects of energy production.2. Royalty Disputes & Investor ProtectionA significant focus is on royalty disputes and ensuring proper payment structures for surface owners, working interest owners, and royalty owners. The discussion highlights how transparent communication and proper legal structuring protects both companies and investors, allowing them to receive fair returns without intermediaries taking excessive cuts.3. Litigation Risk MitigationLauren stresses the importance of proactive legal strategy to avoid costly litigation. She explains how companies can spend $100,000 on preventive legal analysis to avoid $5-10 million in litigation costs later. Key strategies include varying contract language, lease forms, and royalty check formats to prevent class action certification.4. Clean Energy & New TechnologiesThe conversation explores how traditional oil and gas producers are developing innovation groups to explore new technologies and clean energy ventures, recognizing that the future includes both traditional energy and renewable alternatives.5. Data Centers & Energy InfrastructureA major topic is the emerging intersection of data centers with oil and gas operations. Data centers require enormous amounts of power (equivalent to 20 New York cities), making natural gas and oil critical energy sources. The discussion covers contractual considerations and how oil and gas companies can protect their production rights while accommodating data center development.6. Energy Independence & Infrastructure ChallengesThe interview addresses critical infrastructure gaps, particularly in the Northeast and California, where restrictions on pipelines and LNG infrastructure force consumers to rely on expensive or environmentally harmful alternatives like heating oil. The discussion emphasizes how West Virginia and Texas have abundant natural gas resources that could solve energy shortages.7. Regulatory Compliance & Government RelationsLauren discusses the importance of complying with regulations, particularly the Texas Railroad Commission, which provides clarity and reduces legal risk compared to other states. She also addresses permitting reform as a critical issue needing government attention.8. Nuclear Energy & Alternative Power SourcesThe conversation includes a discussion on nuclear energy as a clean, safe power source when properly regulated, drawing parallels to how Thomas Edison's tactics created fear around electricity while Tesla's innovations became the standard.9. Climate Litigation & Environmental DisclosuresThe interview touches on shareholder lawsuits and climate-related litigation against oil and gas companies regarding the veracity of environmental and climate disclosures.10. Intellectual Property in EnergyLauren notes an emerging trend of IP and patent litigation in the oil and gas industry, including trade secret theft and patent disputes involving major companies and refineries—a shift from historical patterns where drilling contractors held most patents.This interview presents a comprehensive view of modern oil and gas legal practice, emphasizing the intersection of traditional energy, emerging technologies, and the critical role of legal strategy in business success.Check out LFS Chemistry Sponsor of the Crude Truth here: https://lfschemistry.com/Follow Rey on his LinkedIn: https://www.linkedin.com/in/reytrevinoiii/Also, Pecos Operating Website: https://pecosoperating.com/Also, the great Production team at Real News Public Relationshttps://www.realnewspr.com/

What makes West Texas networking different from anywhere else?In this episode of The Crude Truth, Rey Trevino sits down with Derrick Black, a respected oil & gas professional, community leader, and founder of Coffee & Connections. Derrick shares his journey from telecommunications with AT&T to building a successful career in the Permian Basin, while using his passion for networking to connect people, businesses, and nonprofits throughout West Texas.The conversation explores the culture of the Permian Basin, the importance of authentic relationships, the impact of community involvement, and how strong networks can create opportunities both inside and outside the oilfield. Derrick also discusses his work with local nonprofits, his commitment to leaving a meaningful legacy, and an exciting new venture that could bring innovative production technology to the industry.In This Episode:✔️ Derrick Black's journey into oil & gas✔️ Why networking is critical for career growth✔️ The story behind Coffee & Connections✔️ Supporting local nonprofits in West Texas✔️ The unique culture of the Permian Basin✔️ Leadership, legacy, and community impact✔️ Future opportunities in the energy industryWhether you're in oil & gas, business development, sales, or simply looking to build stronger professional relationships, this episode offers valuable insights on creating meaningful connections that drive success.Connect with Derrick on his LinkedIn: https://www.linkedin.com/in/derrickblackbdm/Check out LFS Chemistry Sponsor of the Crude Truth here: https://lfschemistry.com/Follow Rey on his LinkedIn: https://www.linkedin.com/in/reytrevinoiii/Also, Pecos Operating Website: https://pecosoperating.com/Also, the great Production team at Real News Public Relationshttps://www.realnewspr.com/